Friday, November 28, 2008

Greed

Be Greedy when others are fearful. Be Fearful when others are greedy. Apparently I am greedy at both times when I observe myself trading. Even though I know this profit I am making is insanely attractive to anyone but I think this is really partly luck. I have sat out a lot of volatility and lost on a few bad trades. I would have been hit badly if my picks were much worse. But control of my account was much better than previously when I was trading.
I just hope this winning steak can carry on until the time I find a job

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